HK security law pours fuel on US-China tensions

The central government’s decision to impose national security legislation on Hong Kong risks undermining the city’s economic success and the US response may add to those headwinds. More broadly, the Hong Kong issue is putting additional strain on US-China relations, risking a renewed flare up in trade tensions, further downward pressure on the renminbi and an acceleration in the costly process of US-China decoupling.

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